RE:RE:RE:DM holding up well in these markets. Paperwork Cleanup?
Datametrex AI acquisition of EV Connect Solutions
2022-06-14 18:03 ET - Acquisition
The TSX Venture Exchange has accepted for filing the documentation relating to a share exchange agreement dated June 8, 2022, between EV Connect Solutions Inc. (the vendor), the shareholders of the vendor and Datametrex AI Ltd. Pursuant to the agreement, the company has acquired all of the issued and outstanding shares of the vendor.
As consideration, the company shall issue 66,666,667 shares to the shareholders.
For more information, please refer to the company's news releases dated June 9, 2022.
mutjwo wrote: There are not many small cap companies doing what DM is doing or that have a cash position like DM...plus i love their balance sheet. Their revenue and cash position is good and now they have revenue diverisifcation with this new vertical in EV...considering the last few positive financials, EV should help ramp that up once operations start. Nonetheless, DM is in a sexy market space right now with Telehealth, AI, Cybersecurity and now EV.